NZDJPY
We have a strong and very important resistance at the level of 79.200
.
If the price can stabilize above the level of 79.300 , we can say that the resistance is broken and we are looking for a buy position
.
But if the price returns we will have to wait to see the reaction to the level of 78,100 , This level is very important because it is both a trend line and a support
If it can break both of them , we can find a sell position
.
If the price can stabilize above the level of 79.300 , we can say that the resistance is broken and we are looking for a buy position
.
But if the price returns we will have to wait to see the reaction to the level of 78,100 , This level is very important because it is both a trend line and a support
If it can break both of them , we can find a sell position
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